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US developers target chinese property market

Posted on 02 May 2011

Some US developers are targeting the Chinese property market, especially housing for senior citizens. The number of people in China are reaching retirement age will surpass the US population in less than 40 years, and it’s predicted that this will happen by 2050.
A number of US companies are already doing business in China, developing and managing assisted living and senior living communities. These include CRSA, TransGlobal Assets and Merrill Gardens, while Emeritus and Columbia Pacific Advisers have joined forces to explore opportunities in China……………………………………….Full Article: Source


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